Revolut Adds 29 New Tokens to Serve Clients in US

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British fintech elephantine Revolut is deepening its foothold successful the United States and has announced the summation of 29 caller tokens to service its customers.

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The tokens, which see Avalanche (AVAX), Solana (SOL), and Dogecoin (DOGE), are an avenue for the institution to vie for the increasing marketplace stock successful the country.

"Today, we’ve much than quadrupled our token portfolio to springiness our customers entree to a overmuch much divers crypto offering," Revolut planetary concern caput for crypto Mazen Eljundi said successful the announcement, adding that speech services connected its level are commission-free up to $200,000 a month.

Revolut is exploring avenues to vie with its counterparts successful the US, including Gemini and Kraken, amongst others. The trading steadfast is besides mulling the plans to adhd much tokens to the suite should it get the needed greenlight from the New York Department of Financial Services (NYDFS).

To connection much valued added services successful the agelong run, Revolut besides hopes to motorboat staking services to implicit its generous no-commission trading offering.

Revolut is chiefly a fintech steadfast but is increasing strategically arsenic a crypto payments firm. Besides its ambitious propulsion into the US, the steadfast announced the motorboat of its cryptocurrency speech offshoot successful Singapore earlier successful August. The Singapore determination came aft the steadfast tapped the in-principle support from the Monetary Authority of Singapore (MAS).

As portion of its introduction into caller markets, acquisition and due consciousness are important to the institution arsenic it looks to connection its services successful a socially liable way.

“We program to supply acquisition features successful the coming months to assistance customers amended recognize the trends and risks associated with cryptocurrency,” said Deepak Khanna, caput of wealthiness and trading astatine Revolut Singapore, “We judge the regulatory strengths successful Singapore and proactive manufacture engagement are cardinal to serving clients with the highest standards.”

In complement, the steadfast launched the Learn and Earn run featuring Polkadot successful July and it is unfastened to each users.

Image source: Shutterstock

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